News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

Six Tips for Determining Corporate Year-Ends

Personal tax planning for the Owner-Manager begins with corporate tax planning. As setting the fiscal year-end in the last have of the year can be very advantageous, this means corporate tax planning is now.

The Mentorship Series: Become the Advisor You Would Seek For Yourself

FOR IMMEDIATE RELEASE – Monica Weissmann is an independent financial advisor who runs her business on the Manulife Securities platform. Her path into the financial services industry is a unique one.

Tune in to KBR next week for our Academic Excellence Issue…

On August 26, make sure you check out our Academic Excellence Issue of Knowledge Bureau Report.

Changes to RRSP and CGE Rules Recommended

The Investment Industry Association of Canada (IIAC) believes that increasing RRSP contribution maximums would help pre-retirees, and that deferring capital gains when shares of a small business are reinvested within six months of a sale would be a great way to boost economic growth.

Half $Million Penalty Comes with Vast Implications for Tax Advisors

A recent decision of the Supreme Court of Canada was extremely costly for the appellant and has vast implications for tax preparers and tax advisors across Canada.

How to Be in the Top 10% of Income Earners: Go Back to School

The statistics are overwhelmingly in favor of the higher educated when it comes to making the top 10% of income in Canada.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    8.93%
  • No
    51 votes
    91.07%